BITW’s design shields investors from crypto’s chaos — but locks in Bitcoin’s dominance
Investing in BITW provides exposure to the crypto sector’s growth with less volatility than holding individual altcoins. The Bitwise 10 Crypto Index Fund ETF (BITW) holds the ten largest cryptocurrencies by market capitalization. It rebalances monthly and screens holdings daily to remove tokens with technical, custody, liquidity, or regulatory risks. As of this writing, BITW’s portfolio is 77.2% Bitcoin, 14.3% Ethereum, 4.4% XRP, and 2.5% Solana. Six other cryptocurrencies make up less than 1% each of BITW’s holdings. BITW charges a 0.75% sponsor fee and holds $723 million in assets under management. It trades slightly above its net asset value of $47.66 per share. BITW has remained roughly flat over the past 12 months while smaller cryptocurrencies declined. BITW’s heavy Bitcoin allocation means most investor returns track Bitcoin’s performance, not the broader crypto market.
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